Thats why all the big boys are developing mines like this around the world with grades much less than what we discovered in hole 1 and 2. Our results from holes 1 and 2 grade almost the same slightly higher than this deposit and look what Barrick paid.
On March 31, 2010, Kinross closed the sale of 25% of the Cerro Casale project in Chile to Barrick Gold for a total transaction value of approximately $474.3 million, comprised of approximately $454.3 million in cash plus the assumption by Barrick of a $20 million contingent obligation. Kinross now owns 25%, and Barrick 75%, of the Cerro Casale project.
mega gold deposit, page-5
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